MACD and Its Power in Forex Trading [With Pictures]

MACD is one of the most reliable indicators. Although we do not believe in using any indicators more than candlesticks and Bollinger Bands in our own trading and we follow the candlesticks charting and Bollinger Bands trading strategy to find the trade setups, still we believe that MACD is a strong indicator, specially for novice traders who are used to get in and out of the markets too early. Continue reading MACD and Its Power in Forex Trading [With Pictures]

MACD Histogram: Trading the Long Trends and Maximizing Your Profit

The technical tools used to analyse the wide range of movement in the markets come in many colors and creed. Each one on its own has a unique functionality and help in throwing up separate perspective of the currency  market trade. While the debate on what is more effective and how can we use one tool over the another continues, one basic fact remains that technical tools form the backbone of trading and help traders prepare for eventualities and euphoria alike. Continue reading MACD Histogram: Trading the Long Trends and Maximizing Your Profit

MACD Divergence As a Strong Reversal Signal

MACD is a great indicator to confirm the setups, locate and follow the trends, no matter what trading system you trade. Among all the signals or patterns that MACD makes, MACD Divergence is the most famous and reliable among professional and senior traders. Once I heard from one of them that since he learned how to locate and follow MACD Divergence, he had never had even one case that didn’t work for him. I believed him, because he was really professional and had already developed his discipline and patience and repeated his success for so many years. Continue reading MACD Divergence As a Strong Reversal Signal